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Content tagged with: Shopping Centres

RioCan REIT cuts distributions by a third

Don Wilcox Commercial Shopping Centres National Dec. 4 2020

One of the country’s largest owners of retail properties, RioCan REIT (REI-UN-T), will cut distributions to unitholders by a third starting with its payout for January 2021. The extended and major impact of the COVID-19 pandemic on the retail sector

Fronsac invests $13M in acquisitions, redevelopments

RENX Staff Commercial Shopping Centres Greater Montreal Oct. 9 2020

Fronsac REIT (FRO-UN-X) had a busy two months in August and September, acquiring a grocery store, adding a joint venture restaurant partner, and buying interests in three other Quebec properties. The REIT also plans to close on two additional buildings

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